Blade Air Mobility Q1 2024 GAAP EPS $(0.06) Beats $(0.12) Estimate, Sales $51.514M Beat $49.462M Estimate

5/7/24 7:04:58 AM ET

Transportation Services

Consumer Discretionary

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Blade Air Mobility (NASDAQ:BLDE) reported quarterly losses of $(0.06) per share which beat the analyst consensus estimate of $(0.12) by 50 percent. The company reported quarterly sales of $51.514 million which beat the analyst consensus estimate of $49.462 million by 4.15 percent. This is a 13.79 percent increase over sales of $45.271 million the same period last year.

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Recent Analyst Ratings for
$BLDE

Date	Price Target	Rating	Analyst
7/18/2023	$13.00	Buy	Ladenburg Thalmann
7/17/2023	$13.00	Buy	Ladenburg Thalmann
9/28/2021	$14.00	Outperform	Oppenheimer
9/9/2021	$16.00	Overweight	JP Morgan
9/2/2021	$15.00	Buy	Deutsche Bank
9/1/2021	$15.00	Buy	Deutsche Bank
8/26/2021	$14.00	Outperform	Credit Suisse

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Blade Air Mobility Announces Third Quarter 2024 Results
Operating Cash Flow increased by $4.3 million to $6.4 million in Q3 2024; Free Cash Flow, Before Aircraft Acquisitions, increased by $2.4 million to $3.7 million in Q3 2024(1)Medical Segment Adjusted EBITDA improved 15.1% in Q3 2024 versus the prior yearPassenger Segment Adjusted EBITDA increased by $2.8 million and we achieved trailing twelve month Segment Adjusted EBITDA profitability in Q3 2024, well ahead of previous guidance for full-year profitability by the end of 2025Net loss increased by $2.2 million versus the prior year to $(2.0) million in Q3 2024; Adjusted EBITDA improved by $3.4 million versus the prior year to $4.2 million in Q3 2024(1)Reaffirming guidance for positive Adjuste
11/12/24 7:00:00 AM ET
$BLDE
Transportation Services
Consumer Discretionary
Blade Air Mobility Announces Opening of Investor Q&A Platform Ahead of its Release of Fiscal Third Quarter 2024 Financial Results
NEW YORK, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (NASDAQ:BLDE, "Blade" or the "Company")), today announced the opening of the shareholder Q&A platform to be used for its upcoming conference call to discuss the financial results for the third quarter ended September 30, 2024. Blade will conduct the call at 8:00am ET on Tuesday, November 12, 2024. Starting today, any shareholder will be able to submit and upvote questions to management of the Company. To submit questions ahead of the conference call, please visit the Say platform here. Shareholders using brokers that are integrated with Say can also participate directly through their investing app or broker's website. T
10/29/24 8:30:00 AM ET
$BLDE
Transportation Services
Consumer Discretionary
Blade Air Mobility to Announce Third Quarter 2024 Financial Results on November 12, 2024
NEW YORK, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (NASDAQ:BLDE, "Blade" or the "Company"))), will release financial results for the third quarter ended September 30, 2024 on Tuesday, November 12, 2024 before the market opens. The company will hold a conference call at 8:00 am Eastern Time to discuss the results. The call will be hosted by Rob Wiesenthal, Blade's Chief Executive Officer, and Will Heyburn, Blade's Chief Financial Officer, and will include a question-and-answer session for call participants. To join the live call, please register here. Upon registration, a dial-in and unique PIN will be provided to join the call. An audio-only webcast of the call may be a
10/22/24 8:00:00 AM ET
$BLDE
Transportation Services
Consumer Discretionary

Inspirato Partners with BLADE Urban Air Mobility to Enhance Member Travel Experiences
DENVER, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Inspirato Incorporated ("Inspirato" or the "Company") (NASDAQ:ISPO), the premier members-only luxury vacation club, announced a strategic partnership with BLADE Urban Air Mobility ("BLADE"), a pioneering leader in short-distance aviation. This collaboration provides Inspirato members with access to BLADE's helicopter services, bringing them closer to Inspirato's luxury destinations with unmatched convenience and style. "Inspirato offers its members access to the most exciting properties in New York City. And BLADE delivers the most inspiring way to arrive here. With a shared spirit of hospitality, we're thrilled to announce our partnership." Chris
11/21/24 5:32:33 PM ET
$BLDE
$ISPO
Transportation Services
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Finance
Blade Air Mobility Announces Third Quarter 2024 Results
Operating Cash Flow increased by $4.3 million to $6.4 million in Q3 2024; Free Cash Flow, Before Aircraft Acquisitions, increased by $2.4 million to $3.7 million in Q3 2024(1)Medical Segment Adjusted EBITDA improved 15.1% in Q3 2024 versus the prior yearPassenger Segment Adjusted EBITDA increased by $2.8 million and we achieved trailing twelve month Segment Adjusted EBITDA profitability in Q3 2024, well ahead of previous guidance for full-year profitability by the end of 2025Net loss increased by $2.2 million versus the prior year to $(2.0) million in Q3 2024; Adjusted EBITDA improved by $3.4 million versus the prior year to $4.2 million in Q3 2024(1)Reaffirming guidance for positive Adjuste
11/12/24 7:00:00 AM ET
$BLDE
Transportation Services
Consumer Discretionary
Blade Air Mobility Announces Opening of Investor Q&A Platform Ahead of its Release of Fiscal Third Quarter 2024 Financial Results
NEW YORK, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (NASDAQ:BLDE, "Blade" or the "Company")), today announced the opening of the shareholder Q&A platform to be used for its upcoming conference call to discuss the financial results for the third quarter ended September 30, 2024. Blade will conduct the call at 8:00am ET on Tuesday, November 12, 2024. Starting today, any shareholder will be able to submit and upvote questions to management of the Company. To submit questions ahead of the conference call, please visit the Say platform here. Shareholders using brokers that are integrated with Say can also participate directly through their investing app or broker's website. T
10/29/24 8:30:00 AM ET
$BLDE
Transportation Services
Consumer Discretionary

Blade Appoints Former Carlson Wagonlit Travel Executive as Blade Europe CEO; Expedited Tarmac-Side Security Screening at France's Nice Int'l Airport for Passengers Launched
NEW YORK, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (NASDAQ:BLDE, ", Blade", ))) an asset-light passenger air mobility and medical logistics company, today announced the appointment of Rémi Bouysset as CEO of Blade Europe. Blade Europe passengers can now enjoy helipad-side security clearance at Nice International Airport ("Nice Airport"), enabling helicopter fliers to connect directly to their commercial flights at their departing gates, bypassing the general security screening queues at the airport. Mr. Bouysset brings to Blade Europe a wealth of experience spanning 30 years in the travel, hospitality, and luxury sectors. The France-born executive led international c
2/1/24 8:30:00 AM ET
$BLDE
Transportation Services
Consumer Discretionary
Blade Air Mobility Expands Board of Directors, Appoints Andrew Lauck of RedBird Capital Partners and Technology Executive John Borthwick
NEW YORK, March 30, 2023 (GLOBE NEWSWIRE) -- The Board of Directors (the "Board") of Blade Air Mobility, Inc. (NASDAQ:BLDE, ", Blade", or the ", Company", ))), a technology-powered global air mobility platform, today announced the expansion of the Board from seven to nine members, and the appointment of two new directors, Andrew Lauck and John Borthwick. Mr. Lauck, a current Board observer for Blade, will officially join the Board as a director and will serve on the Audit Committee. Mr. Borthwick, a former Board member when Blade was private, will join the Nominating and Corporate Governance Committee. "We are pleased to welcome Andrew and John to our Board of Directors," said Eric Affeld
3/30/23 4:01:00 PM ET
$BLDE
Transportation Services
Consumer Discretionary
Blade Announces Formation of Blade Europe to Accelerate International Growth
Appoints Two Industry Leaders to Establish European Presence Blade Air Mobility, Inc. (NASDAQ:BLDE, "Blade" or the "Company"))), a technology-powered global air mobility platform, today announced the creation of Blade Europe and the appointment of Sabrina Barbera as Executive Director of Blade Europe and Anne-Pascale Guedon as Executive Vice President, Business Development, Blade Europe. Blade Europe will be headquartered in Paris, France. Barbera has nearly 20 years of experience in aerospace and aviation and is currently a Vice-President at Airbus Helicopters overseeing their Simulation and Training department that trains over 8,000 pilots and technicians each year. Prior to this positi
4/20/22 8:00:00 AM ET
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Transportation Services
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Cathie Wood's Ark Invest Dumps Another $3.25M Worth Of Tesla Shares Amid Searing Q2 Deliveries Rally
On Wednesday, Cathie Wood-led Ark Invest made a notable move by offloading a significant number of shares in Tesla Inc (NASDAQ:TSLA), despite the recent rally driven by the company’s impressive second-quarter delivery numbers. The Tesla Trade Ark Invest reduced its stake in Tesla across its ARK Innovation ETF (NYSE:ARKK), selling 13,213 shares. This transaction came as a surprise, given that Tesla’s shares had recently soared 10.20% on Tuesday, marking the best intraday session since late April. Notably, on Tuesday, Ark Invest sold Tesla shares worth $14.5 million. The boost was primarily driven by the Elon Musk-led company’s second-quarter performance. Tesla reported 443,956 delive
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Cathie Wood-Led Ark Invest Scoops Up $5.16M Worth Of Palantir Shares Amid Raging AI Fervor
On Monday, Cathie Wood-led Ark Invest made a notable investment in Palantir Technologies Inc (NYSE:PLTR), a move that comes as the AI sector gains momentum. The PLTR Trade Ark Invest, through its ARK Autonomous Technology & Robotics ETF (BATS:ARKQ), purchased 199,372 shares of Palantir, a significant addition to its portfolio. The value of this trade, based on the closing price of $25.88 on the same day, stands at approximately $5.16 million. Palantir has recently been praised as an ‘AI Halo’ play by momentum investors. The company was added to BofA Securities’ top 10 best U.S. ideas list for the third quarter, highlighting its growing popularity in the AI sector. Joe Terranova of V
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Cathie Wood-Led Ark Invest Dumps $4.3M Worth Of Nvidia Shares Amid Rebound — Swoops Into Buy Stock Of This Netflix Rival
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6/25/24 10:27:55 PM ET
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Blade Air Mobility Q1 2024 GAAP EPS $(0.06) Beats $(0.12) Estimate, Sales $51.514M Beat $49.462M Estimate

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$BLDE Large Ownership Changes

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Amendment: SEC Form SC 13G/A filed by Blade Air Mobility Inc.

Amendment: SEC Form SC 13G/A filed by Blade Air Mobility Inc.

SEC Form SC 13D filed by Blade Air Mobility Inc.

$BLDE Financials

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Blade Air Mobility Announces Third Quarter 2024 Results

Blade Air Mobility Announces Opening of Investor Q&A Platform Ahead of its Release of Fiscal Third Quarter 2024 Financial Results

Blade Air Mobility to Announce Third Quarter 2024 Financial Results on November 12, 2024

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Chief Financial Officer Heyburn William A. exercised 24,688 shares at a strike of $0.18, increasing direct ownership by 2% to 1,399,926 units (SEC Form 4)

Chief Executive Officer Wiesenthal Robert S sold $6,762,000 worth of shares (2,100,000 units at $3.22), decreasing direct ownership by 30% to 4,812,892 units (SEC Form 4)

President and General Counsel Tomkiel Melissa M. sold $151,537 worth of shares (44,621 units at $3.40), decreasing direct ownership by 4% to 1,173,003 units (SEC Form 4)

SEC Form 144 filed by Blade Air Mobility Inc.

SEC Form 10-Q filed by Blade Air Mobility Inc.

Blade Air Mobility Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

Inspirato Partners with BLADE Urban Air Mobility to Enhance Member Travel Experiences

Blade Air Mobility Announces Third Quarter 2024 Results

Blade Air Mobility Announces Opening of Investor Q&A Platform Ahead of its Release of Fiscal Third Quarter 2024 Financial Results

Ladenburg Thalmann initiated coverage on Blade Air Mobility with a new price target

Ladenburg Thalmann initiated coverage on Blade Air Mobility with a new price target

Oppenheimer initiated coverage on Blade Air Mobility with a new price target

Director Love Reginald bought $15,197 worth of shares (5,091 units at $2.98), increasing direct ownership by 9% to 62,628 units (SEC Form 4)

Director Borthwick John bought $22,996 worth of shares (7,743 units at $2.97), increasing direct ownership by 10% to 83,817 units (SEC Form 4)

Affeldt Eric bought $159,840 worth of shares (50,000 units at $3.20) (SEC Form 4)

Blade Appoints Former Carlson Wagonlit Travel Executive as Blade Europe CEO; Expedited Tarmac-Side Security Screening at France's Nice Int'l Airport for Passengers Launched

Blade Air Mobility Expands Board of Directors, Appoints Andrew Lauck of RedBird Capital Partners and Technology Executive John Borthwick

Blade Announces Formation of Blade Europe to Accelerate International Growth

$BLDE Market Insights

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Cathie Wood's Ark Invest Dumps Another $3.25M Worth Of Tesla Shares Amid Searing Q2 Deliveries Rally

Cathie Wood-Led Ark Invest Scoops Up $5.16M Worth Of Palantir Shares Amid Raging AI Fervor

Cathie Wood-Led Ark Invest Dumps $4.3M Worth Of Nvidia Shares Amid Rebound — Swoops Into Buy Stock Of This Netflix Rival

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